HomeMy WebLinkAboutORD 02.11.1953 - Levying Advalorem Taxesf9tS"�
AR ORDINANCE OF VU CITYU flNOKt�tiTOM Cs Lb'�IYIVQ
Abt3'�l%ORMA �9 FOR TIM BIND DIRMOTING TIM
COUXOTION AND DISTRIBUTION OF SAID TAM, 1, uID DE-
OLAAINQ AN ENSRO'CYo
IIS IT ORDAINED BY WE CITY COMCIL OF TM CITY OF OBOAOMO ,
TEMI,
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That for the year& 1952, there shall be leaned and collected an
advalorem tax of =9 & 25/100 ($1.25) dollars, cc all property subject to taxation
by said City, under the constitution wad law or the state of Tem, ao per than lot,
.a
day of January 195; and at a tax rate of Ono & 251100 ($1*2$) dollars on each one,
hundred (4100.00) dollars in valuation.
That uhan the said taxes, are colloated, the aeras shall be applied and
paid out as follons
10 To the General Fund, for the support and maintenance of the governmeat of
the said City 90 cents, of each one 25/lOO dollars, oolleetede
2* To the Bond rwA* of that series of bonds of the said City known as Paving BoAda,
7 cents►, of such one & 25/*100 dollars& collected.
3w To the Bond Fund, of that series of bonds of the said City, known an Street
Bonds* 20 cents, of each one b 25/100, dollars oolleated
A. To the Bond Fund, of that Series of bands of the said City know as Airport
Bonds, 8 cents of each one b 25/10 dollars collected,
The Sant that prompt preparation must be rAde for the assessing and
collection of taxes for the year IQ creates em emergency requiring the rules pro-
viding that an ordinance shall be read at three separate voetiAge before final pas-
sage shall be suspended, and such rules are here and noir suspended and this ordinanoo
passed, and It is ordered that it take effect from and atter its passage 2 i
Passed and approved this the ids of Fobn= A.
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Attest:
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